SPECTACULAR !!!......what a day on Telstra.
This kind of action rarely seen and never in Telstra !! if the pattern continues then it will be a great stock to day trade!!
The shorts were making a kill and some panic set in and the bots and the stop loss getting hit and momentum did the magic again.
Wished/Could have/should have/would have...............??
It shows once more, things can and will change quickly and nothing is sure in the market but we can manage our RISK.
Some took a loss and in many cases is the best thing one can do before it blows out of control.
Where is it going from here ??? Wish I knew...........easy to say..... "should have taken the profit" but managed to pick up a few at the low and got out at the close and that is what I call a "lunch money" trade.
Interesting to see if the selling will continue next week going into Volatile September................
TLS chart, page-205
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 (20min delay)
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Last
$3.90 |
Change
0.015(0.39%) |
Mkt cap ! $45.12B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.91 | $3.86 | $30.24M | 7.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 86 | 392259 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.90 | 273563 | 37 |
View Market Depth
| Last trade - 14.27pm 24/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |